Power Bank Market to Witness Huge Growth by Key Players: Anker Innovations, AUKEY, Xiaomi, ADATA, RAVPower, GRIFFIN, mophie and Others.
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The Global Power Bank Market size is expected to grow at a CAGR of 8.1% from 2020 to 2025, reaching USD 13.4 Billion by 2025 from USD 9.0 Billion in 2020.
Top Key Players Profiled in the Power Bank Market:
• Anker Innovations (China)
• AUKEY (China)
• Xiaomi (China)
• ADATA (Taiwan)
• RAVPower (US)
• GRIFFIN (US)
• Lenovo (China)
• mophie (US)
• AMBRANE (India)
• INTEX (India)
“Power bank market to be driven by lithium-ion during the forecast period”
The lithium-ion battery segment is expected to hold a significant share of the power bank industry during the forecast period. Currently, lithium-ion batteries are the most used batteries by the manufacturers. Lithium-ion batteries have a high energy density, high conversion rate, and high energy capacity, as well as are cheaper to manufacture.
“Medium price range segment to grow at significant CAGR during the forecast period”
These power banks are equipped with fast charging technologies such as Power Delivery and are available with foldable wall chargers. These batteries have maintenance mode, which automatically optimizes charging for longer battery life.
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Breakdown of primary participants’ profile:
• By Company Type: Tier 1 = 35 %, Tier 2 = 45%, and Tier 3 = 20%
• By Designation: C-Level Executives = 35%, Directors = 25%, and Others = 40%
• By Region: North America = 45%, Europe = 20%, APAC = 30%, and RoW = 5%
Competitive Landscape of Power Bank Market:
2 Ranking Analysis, 2019
3 Competitive Leadership Mapping
3.1 Visionary Leaders
3.3 Dynamic Differentiators
3.4 Emerging Companies
4 Competitive Situations And Trends
4.1 Product Launches And Developments
The power bank market has been segmented into battery type, indicator, unit of USB port, capacity, price range,application, and region. Based on battery type, the market has been segmented into lithium-ion and lithium-polymer battery type. Based on indicator, the power bank market has been segmented into LED lighting and digital display.
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